The foundation is conducting the search to change investment advisors due to challenges surrounding the proximity of its incumbent advisor.
The foundation retained its incumbent provider following a similar search six years ago.
The pension plan’s cio recently approved three private equity commitments.
The deferred compensation plan is searching for a firm to provide retirement plan administration and record keeping services.
The search is being conducted due to the incumbent’s contract expiration.
The 401(a) plan was created in 2021 after breaking away from the state pension plan.
The plan committed $50 million to an existing manager.
The pension plan disclosed two buyout commitments at yesterday’s board meeting.
The plan agreed to split an intermediate bond allocation between two firms that presented at its January board meeting.
The plan will issue its general investment consultant RFP in the coming weeks.